166 Colbourne Road, Armour, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Armour. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 1320 x 1174 ft lot size
- Convenient detached garage included
Description
Discover endless possibilities on this stunning 31-acre waterfront lot nestled in the picturesque village of Burk's Falls. With over 1,300 feet of frontage stretching along both Pickerel Lake and the Magnetawan River, this property offers a rare combination of serene natural beauty and remarkable potential. Located just 10 minutes from the town of Burk's Falls and a mere 2.5 hours from Toronto, the property is easily reached via a year-round municipal road. A gated entrance and driveway lead to a 24 x 22 two-story garage, complete with an outhouse and additional storage space. The eastern side of the property offers clean swimming from a dock overlooking Pickerel Lakes expansive views. A potential build site has already been identified and staked in this area, making it ideal for your future dream home. Follow meandering trails through wetlands on the western side of the lot to discover secluded swimming spots along the shallow waters of the Magnetawan River, perfect for those seeking privacy and a closer connection with nature. Or explore the small stone house that was used in days past to store ice from the lake. For even more water activities, drop a kayak into Jacks Creek, which winds through the heart of the property and connects to both Pickerel Lake and the Magnetawan River. Whether you envision a year-round waterfront residence or an off-grid natural escape, this property delivers in every season. With easy access to essential amenities in Burks Falls, you can enjoy the best of both worlds: the tranquility of untouched wilderness and the convenience of nearby shops, restaurants, and services. Dont miss this extraordinary opportunity to own a piece of Northern Ontario paradise - your new lakeside sanctuary awaits!
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Property Summary
This vacant land located at 166 Colbourne Road, Armour is currently for sale and has been available on SousaSells for 7 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 166 Colbourne Road, Armour is in the Armour neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Armour, Armour.
- •Desirable Vacant Land architecture in Armour, Armour
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake Access
- Wooded/Treed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 166 Colbourne Road, Armour, ON
Q.What is the asking price for 166 Colbourne Road, Armour, ON ?
The current listing price for 166 Colbourne Road, Armour, ON in Armour, Armour is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 166 Colbourne Road, Armour, ON ?
166 Colbourne Road, Armour, ON is a Vacant Land () featuring a basement.
Q.What key property features does 166 Colbourne Road, Armour, ON offer?
Key property features include: Lake Access, Wooded/Treed.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
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About Purchasing a Home in Armour, ON
For a property listed at $499,900 in Armour, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Armour (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.